| 1 |
Shell To Trim Refining Capacity, Exit Retail Markets
(Tuesday, March 16, 2010) Royal Dutch Shell plc on Tuesday announced updates to its strategy, including plans to reduce its worldwide refining capacity by 15% and exit 35% of its current retail markets.
|
| 2 |
UAE Oil Exports to Skip Hormuz, Iran Threat
(Wednesday, March 17, 2010) Contractors are working flat out in the United Arab Emirates to build a giant oil pipeline that will divert up to 1.8 million barrels a day of crude exports away from the Strait of Hormuz, a narrow shipping channel watched over by Iran.
|
| 3 |
Consortium Expected To Spend $12.1B On Upgrader In Venezuela
(Tuesday, March 16, 2010) Reliance Industries and Mangalore Refinery and Petrochemical Ltd have committed to buy up to 45 percent of the crude oil ONGC Videsh Ltd and its partners plan to produce from Venezuela's Carabobo-1 heavy oilfield.
|
| 4 |
Alberta Researchers Investigate Liquid CO2 Highway
(Tuesday, March 16, 2010) A new Alberta research project will explore ways to lessen industry's impact on the environment by compressing captured CO2 into a liquid, pumping it through a pipeline to efficiently transport materials over large distances.
|
| 5 |
Alon Is Sole Bidder for Big West - Report
(Wednesday, March 17, 2010) The deadline for submitting a bid on Big West refinery reportedly passed Tuesday with no new offers coming in, increasing chances that the U.S. subsidiary of Alon Israel Oil Co. Ltd. will buy the plant.
|
| 6 |
Federal Judge Guts Punitive Damage Award Against BP
(Wednesday, March 17, 2010) A federal judge in Houston on Tuesday shot down a mammoth $100 million December verdict against BP's Texas City refinery, cutting the award to less than half a million.
|
| 7 |
Sasol Awards Foster Wheeler Contract for Wax Expansion Project
(Tuesday, March 16, 2010) Foster Wheeler AG announced Tuesday that its Global Engineering and Construction Group has been awarded an EPCm contract by Sasol for its Fischer-Tropsch Wax Expansion Project to be located at Sasolburg, South Africa.
|
| 8 |
Pa. PUC Sets April Hearing on Marcellus Pipeline Regulatory Role
(Wednesday, March 17, 2010) The state Public Utility Commission wants to clarify its role in regulating natural gas collection and gathering pipelines in the Marcellus Shale region.
|
| 9 |
Natural Gas Futures Approach Six-month Low
(Thursday, March 18, 2010) Natural gas futures fell to their lowest in nearly six months after a U.S. government report showed a smaller-than-expected draw from natural gas storage.
|
| 10 |
Potential Essar IPO Could Stall Europe Refinery Sales - Shell Exec
(Tuesday, March 16, 2010) India's Essar Oil Ltd.'s (500134.BY) potential London listing could stall the company's negotiations to buy three European refineries from Royal Dutch Shell PLC (RDSB), Shell's Chief Financial Officer Simon Henry said Tuesday.
|
